-- in enforcing usmca. under usmca, american energy and mining companies faced continued discriminatory treatment in mexico and in some cases outright expropriation. the biden administration filed a request on consultations related to many concerning energy issues under usmca's dispute settling mechanism, which i supported. however, the administration never took additional steps to pursue this dispute. in some cases, the administration worked to undermine u.s. companies facing expropriation. similar enforcement challenges were also seen with canada. ustr failed to enforce u.s. rights regarding eerie market access, and it took months of bipartisan urging to challenge canada's discriminatory digital services tax. however, this challenge, like so many under the trade posture, languished in consultations. we must recognize enforcement delays embolden trading partners to take similar actions. when mexico provided the united states with ample warning of their intentions to restrict u.s. biotech corn exports, it w

but i think the middle as usmca and not usmca.decide that and then we will go on from there. if you are compliant with usmca and you did what president trump asked. and if you are not compliant you did that at your own risk. lisa: i just want to make sure i understand this correctly. you are talking about the idea that this also -- this all has to do with the drug wars. and at the same time people have speculated that this could lead to a renegotiation to usmca which would lead to lower tariffs than before. are you are saying that tariffs are still a part of this at the 25% level. howard: remember, april 2 we begin the reciprocity model, which is how you treat us is how we treat you. and that will be part of the exemption and part of the tariff policy. and then he has industries, autos, semiconductor's, pharmaceuticals, steel, aluminum, copper, and lumber. these issues need to come home and we need to help our domestic industries grow and flourish. so we called out those product sets for extra focus. that is april 2. on april 2, t

i thought that was usmca. this usmca with a lot of cheating on the side. i love when trudeau was about to leave the government, and obviously he should leave the government with his kind of talking, you know, he's leaving the government and hopefully will elect someone clever and comes down and says to donald trump, we want to do business with you, we want to do business fairly and we're going to get rid of them. larry: that's the next big date and don't know how, when or what but it'll be the next big date. >> anyone picking april 1 and talking about it april fool's day and he went to april 2. lauren: last one state of the union message and getting good tax cuts and i want to unleash prosperity. >> he'll cut no, ma'am tax on tips, on social security, overtime and that's what he'll deliver. the key is we in his admin vagues are going to balance the budget of the united states of america. >> how much? >> $5million is a fast path to st.ship and pretty cool. that and all the tariffs coming and waste, fraud and abuse coming out and think about this. >> you hav

should leave the usmca or stay in it at all costs.hether we should force mexico and canada to negotiate with us on the border, drugs, foreign direct investment from china to reach an agreement. there was overwhelming consensus the usmca was critical to the u.s. economy and u.s. trade. there was a a quarter that thinks we should push them on some of these issues related to the border and drugs. but in order to return there -- to reach another usmca negotiation. overwhelmingly this is not seen as a popular decision. one thing that stood out, there was asymmetry in the responses. the growth affect was -- effect was seen to be larger. which makes you think even in the near term, higher prices from tariffs might push the federal reserve on pause or deliver fewer cuts. there might be a larger adverse growth effect on the other end. we could see more easing in 2026 and beyond in response to weaker growth. >> how do you tease that out of the results of the survey? if folks are looking at the survey -- they hopefully scanned the qr code, how c

>> usmca. larry: oh. >> people in who are backing the way he set trade up in the first term and people outside of it and looking carefully at that and trying to find if there's a way in there to come in the middle and and kansas city chiefs they'd fade indians and point here and trying to clarify. larry: the president of satisfaction and what the tariffs are across theed board and tariffs and exceptions through the tariffs and usmca and it's a very complicated deal putting together in the first term and some things exempt from the tariffs or how would you explain that? >> the best way to explain it is >> leaving with the rules and the president is considering giving you relief if you live under those rules and going for that and going to pay the tariff and concept of china and what kind of war and it's a drug war going with a trade war and not a tariff war and they still did it. and i tell you what, they're thumbing their nose at the president and going for this president and going for them and

we asked about the usmca and if that should be -- the u.s. should leave the usmca, we should stay in it at all costs, or whether we should force mexico and canada to negotiate with us on the border, on drugs, on foreign direct investment from china to reach an agreement. there was very, very overwhelming consensus that the usmca was critical to the u.s. economy and u.s. trade. there was a decent share that thinks we should push some of the issues related to the border and drugs, but in order to reach another usmca negotiation in 2026. this was the type of policies that will get enacted tomorrow not seen as a popular decision. one thing that stood out, a little bit of an asymmetry in the responses. the growth affect was seen to be larger than the inflation affect when we talked about tariffs, which makes you think even in the near term higher prices from terrace might push the federal reserve on pause -- tariffs might put the federal reserve on pause. we can see more easing in 2020 6 in response to weaker growth. emily: how do you tease that o

usmca.eciprocal tariffs will still go into effect on april 2nd. but at the request of the companies associated with usmcs -- usmca, the president is is giving them an examination for one month. >> reporter: we are also now hearing about angie adjustment period from no tariffs to new tariff, and the president is asking americans to bear with him alluding to prices that could rise. >> they will happen rather quickly. there'll be a little disturbance, but we're okay with that. it won't be much. no, you're not. >> reporter: the president believes tariff revenue is going to help the u.s. bring down the debt and the deficit along with doge cuts which brought us to this question today -- we know that some officials here were miffed that zelenskyy showed up last week without a suit for his meeting in the oval office, but elon musk never wears a suit -- >> he did last night. >> reporter: so what is the dress code? >> well, elon musk wore a suit last night, i'm sure you saw it -- >> [inaudible] by zel

we are going to give a one month exemption on any autos coming through usmca.eciprocal tariffs will still go into effect on april 2nd. but at the request of the companies associated with usmca, the president is giving them an exemption for one month. >> before that announcement. in an interview, the canadian finance minister says canada is not interested in some reduced tariff, adding canada wants the tariffs removed. mexican president claudia sheinbaum today says if needed, her country will look for other trade partners. trump also imposing tariffs on china in response. the chinese embassy in the u.s. posting on x. if war is what the u.s. wants, be it a tariff war or a trade war or any other type of war, we're ready to fight till the end. >> secretary hegseth has responded to that this morning. he said that america will always be prepared to defend itself, especially under the leadership of this president in the oval office. >> trump claims tariffs will make america rich, even as experts warn the added cost on goods could get handed down to american consumers.

if we comply with usmca, meaning if we've got u.s.ts in our cars, can't you help us think about it? you know the president, he is the greatest businessman who has ever sat in that chair, and he understands the keys to business in america, and i think he is going to lean towards helping american business during this interim period of time. if they lived up to his terms, he will probably allow them to have -- for this month, for this month only, then of course apri, not april 1st, april 2nd he will, with his tariff agenda, and it is going to cause reciprocity in the world. stop treating us poorly. >> john: so explain to us if you could the strategy with canada and mexico because right after the inauguration the president came out and said there's going to be tariffs on canada and mexico and then he came out and said there is not going to be, we are going to pause that for 30 days. then he comes yesterday and says the tariffs are going into effect and out today saying well, maybe not everything. is this push i can pull, is it taking two

could bringing forward the usmca negotiations be useful? in conversations with the president, it's been difficult to establish what he really wants. the only thing that we can be clear about is what he said a number of times, his goal is to destroy the canadian economy so that he can try to annex the country. that seems to be what he wants. so i don't know what negotiations we might undertake at the moment to convince him that that's not his goal. our response today is intended to show the degree to which our economies are interdefined and to date that economic barriers -- to demonstrate that economic barriers on both sides of the borders make families suffer. they're designed to show that we should be working together. while he decides that he wants to ruin the canadian economy, we're in a situation where he's showing extremely bad faith where tariffs are being imposed without any factual basis for them. i don't know if negotiations would be any use. we're always open to negotiations, but that's not what we're considering at the moment. >>

content in your products to be usmca compliant. so i think he's thinking about those categories, u.s.-mca compliant, doesn't that make sense to you, right? if you comply with the agreement, made you avoid tariffs, and if you did not comply, you knew you were not complying, and therefore it seems likely that is the place the president will go. again, the president gets to make the decision. i'm there talking with him about it, and so is the team, but our expectation is that it will be categories. it will be 25%, but there will be some categories left out. it could be autos, it could be others as well could usmca come of a look at that, that was the agreement we made, the u.s., mexico, and canada, saying those products are exempt. everyone who did not live under those terms did so at their own risk. scarlet: i was commerce secretary howard lutnick speaking to the "surveillance" team this morning. we want to repeat the headline here in the last couple of minutes, which is the white house is considering a one-month delay on auto tariff

can also get the exemption if they comply with usmca so taking a look honda and toyota. white house press secretary karoline leavitt was asked if one month is enough time to even make a difference. >> he told them that they should get on it start investing start moving shift production here to the united states of america where they will pay no tariff. that's the ultimate goal. reporter: and then, to the north. president trump had a call today with canadian prime minister justin trudeau on tariffs with no apparent breakthrough in the trade tensions. >> he said it's not good enough. he told prime minister justin trudeau that directly. the call ended in a somewhat friendly manner, as the president said, but he's not going to stop standing up for the american people. reporter: the conversations continue. trudeau's office said that both countries will continue to be in contact with that deadline looming. trump himself admitted last night things might get worse before they get better in regard to tariffs but that it is a necessary pain the country has to face and it is a pain

we've had a renegotiated nafta under usmca.e are things around the edges that maybe aren't perfect. otherwise we wouldn't need these these trade deals to even things out. do you think canada at this point is does anything unfair in terms of trade and tariffs prior to what we're seeing right now that would cause president trump to look up and say, you know, i don't like this, whether it's dairy or lumber or what, what's the most egregious things do you think? >> let's start with the facts that the balance of the trade agreement is $400 billion. go back and forth each way each year, almost $500 billion. the trade is balanced, and therefore that's the most important message. there's not one side. whereas the deficit that america sees with mexico or china trade is balanced. and that's the most important in every trade agreement. what's he talking about? some winners, some losers. so but when you start with balanced trade, it's good for when. >> he says we're subsidizing canada to the tune of $200 billion every year. what number is

and then it became the usmca. exactly.e point. >> that was the whole. >> point to integrate our economies. >> right? and that's why so much production of autos and machinery was put in mexico. that was friend shoring. that was near-shoring. that was what these companies were supposed to do. it's, by the way, also why a lot of the european automakers are selling off today, the stellantis and mercedes. why? because they have a lot of their supply chains in mexico, shipping parts and autos into the us market. so i think that's an important factor to remember. how much is at stake for these countries, canada and mexico. they might threaten that they're going to do more business with china. sure. and the trade deficit with china and mexico is increasing, which could be sort of an aggravating factor here. but they are heavily reliant on the us, and they have an economy and their political futures at stake. certainly for president sheinbaum, it comes at a time where the us economy is showing some weakness. just i think it's worth

or fix usmca, how long would that last? >> it sounds like the big question from the tourist board of view is one is the big shift going to come from donald trump? the timing will be crucial for this election. there's a hand up in the back. >> just to that, what do you think would be the kind of impetus for the big political shifts? would it be economic pain at home, the rust belt street struggling with the auto industry, tariffs, what do you think it would look like to actually get the administration's start changing its mind about some of these blanket tariffs instead of the targeted ones? >> obviously, we don't have any of these, other than tariffs on china, which there's a substitute for the chinese. we haven't done any of this yet, so we don't have a configuration that i think will cause inflationary problems in the united states yet, and if we have a configuration and say we will tariff the same goods from all providers so there's no substitute, i think president trump thinks factories will magically appear out of nowh

coming through usmca. reciprocal tariffs will still go into effect on april 2nd.request of the. companies associated with usmca, the president is giving them an exemption for one month. so they are not at an economic disadvantage. so the three companies that he spoke to are stellantis, ford and general motors. they requested the call. they made the ask, and the president is happy to do it. it's a one month exemption. >> and the president just posted on social. >> media that. >> well, let's bring in nbc news senior white house correspondent kelly o'donnell. so i don't know, because i'm not in the briefing room and neither are you. but what do we know about the specifics of this, or do we know any specifics? we don't know more than what caroline leavitt, the press secretary, unveiled in that moment. she said that was a message directly from the president, so she was prepared to address it. if a question came up. and it did, from our colleague gabe gutierrez. what's implicit in. this is that president trump is willing to have ongoing conversations after. >> he impose

we spoke with the big three auto dealers we'll give a one month exemption on any auto comes through usmcaest of companies associated, the president is giving them an esyan exemption for woone money. reporter: we hear about j adjustment period. from no tariffs to new tariffs. >> it will happen quickly. there will be a little disturbance. but, we're okay with that. it won't be much, no you are not. reporter: the president believes that tariff revenue will help u.s. bring does debt and deficit with the doge cuts that brought to us this question today. >> we know that some officials here were miffed that zelenskyy showed up last week without a suit for his meeting in oval office but elon musk never wears a suit. >> he did last night. reporter: what is dress code. >> elon musk wore a suit last night. >> the zelenskyy getting kicked out. >> i don't think so, i am pointing out he did wear a suit last night, and i think the president liked that very much. reporter: he is is a ford it he can afford to have a back up suit. the doge effort will continue, so too will the tariffs, officials trying to

. >> dispute resolution the wto and the usmca. our tariffs to remain in place until the u.s.iffs are withdrawn and not a moment sooner. these tariffs not ceased we are in ongoing discussions to pursue several nontariff measures which demonstrate there are no winners in a trade for. i want to directly to the american people. we don't want this. we want to work with you as a friend and ally. we don't want to see you hurt either but your government has chosen to do this to you. as of this morning, markets are down and inflation is set to rise dramatically across your country. your government has chosen to put american jobs at risk and thousands of workplaces, materials from canada and consumers in canada, american consumers on everyday items like groceries and gas major things like cars and homes and everything in between. have chosen to harm american national security and critical minerals building materials and fertilizers that we have and the united states need to grow and prosper. they've chosen to launch a trade for that will first and foremost, harm americans. they've chos

could be some redoing of usmca the new that the that if you will. is that going to calm things?is words. trading partners in our own hemisphere these tariffs are because you are letting too many people and drugs across your border. they said hey, we have stopped it. can you look at the numbers and we still imposed the tariffs proises are not going to go down slowly. they go up fast and go down slowly. the pain everyday consumers are facing mark warner said so eloquently. lutnick says gives us more clarity the stock market will perform better but do every day americans see prices go down? i don't think they see it so quickly unfortunately. >> bret: martha? >> martha: the president is obviously encouraging companies to come build in this country. >> bret: no tariffs if you are here. >> right. no tariffs if you are here. also get a better deal on a number of things. we see him willing to make some negotiations with -- the companies that i think you have to worry about are the smaller manufacturers and the supply chain people as harold says. they are not going to get a big deal made

annmarie: also the renegotiation of usmca next year.hink that is what is going on, trying to get it done as fast as possible. lisa: if a these goes on, essentially, it could be the equivalent of all the profits for the auto manufacturers in the united states. which do you think are most exposed, is this basically parsing the details on a titanic that is sinking? john: very good question. ford, 20% of their production is in canada and mexico. gm, closer to 30%. nissan and monster are the most impacted because most of their production is in mexico for the north american market. when you look at this, supply shocks in the past, it is essentially an environment where distress is created. in distress there is convergence, meaning everyone will get hit hard. you are right. there will potentially be greater pain with nissan and mazda. but when you think about this, jim farley had a great statement last time around, a few months ago. vehicles coming from japan, korea, europe are being tariffed at around 2%, 10% even on a reciprocal basis if the

he should be focusing on china with the autos that are coming in that don't comply with the usmca.we are your largest customer in the world. we want to build the am can fortress. that's the best thing to do, as is he focusing on his friends, china is just moving up every single day it's unacceptable. >> mayor ford you threatened to hold back electricity to some northern states. is that a threat that stands tonight? >> it will stand tonight if it continues on these tariffs. we have no choice. i apologize to the american people. i love the u.s. canadians love the u.s. they love the american people. and for-no reason he wants to attack his closest friends and allies. what he doesn't understand the supply chain and how we're integrated and we're the number one purchaser from the goods u.s. 28 states rely on us. ontario alone. 17 states number one trading partner and number two to 11 other states. that's what he needs to focus on. not canada, china is the problem. >> bret: clearly through his eyes it's not fair. look at the graphic of the u.s. trade. you mentioned if you take energy off

he negotiated the usmca to be able to provide trade consistency with canada and with mexico. if so we want to be able to to see that trade consistency with canada and mexico. they are a great trading partner and a long-term trading partner in an area where we get energy, timber, dairy products. we've had our own fights on some of those issues, but we're resolving those individually and would hope that we can aggressively get to solutions on issues and get back the stability. liz: as you heard from justin trudeau, the current --al although he's reeving -- prime minister of canada, we will not back down from a fight. we know xi jinping is putting in tariffs already. if you look at your state and you see what kind of trade you do as far as imports and exports e concerned, oklahoma has pretty good trade relations with china, canada and mexico. canada is its biggest trade partner here. of the total $18.8 billion in total imports that oklahoma gets from other countries, 9.02 billion if canada. 2.5 a billion from china. but it works both ways. 1.86 billion of oklahoman products go t

the usmca trade agreement. and corporations are highly reliant. consumers are highly reliant on trade with mexico and canada. it's one thing to go after china, which is our adversary. it's very odd to go after our closest friends and largest trading partners. >> so when he when he reworked the agreement, the nafta agreement, which has been around since the 1990s, what what did he do? did he change anything major in that deal when he renegotiated back several years ago. >> well, some things were improved. it dealt with digital trade, increased the domestic content of cars in the region. but the point is we have an integrated supply chain which trump is responsible for creating, which is a good thing. he created a great supply chain between us, canada and mexico, and suddenly we whipsaw the canadians and the mexicans by saying, oh, we changed our mind about an agreement that we ourselves negotiated. and that wasn't a biden agreement, it was a trump agreement. so that's all very odd to me. the problem is, when you have a hammer, everything looks like

we are going to give a one month exemption on any autos coming through usmca. reciprocal tariffs will still go into effect on april 2nd. but at the request of the companies associated with usmca, the president is giving them an exemption for one month. >> before that announcement. in an interview, the canadian finance minister says canada is not interested in some reduced tariff, adding canada wants the tariffs removed. mexican president claudia sheinbaum today says if needed, her country will look for other trade partners. trump also imposing tariffs on china in response. the chinese embassy in the u.s. posting on x. if war is what the u.s. wants, be it a tariff war or a trade war or any other type of war, we're ready to fight till the end. >> secretary hegseth has responded to that this morning. he said that america will always be prepared to defend itself, especially under the leadership of this president in the oval office. >> trump claims tariffs will make america rich, even as experts warn the added cost on goods could get handed down to american consumer

we are going to give a one month exemption on any autos coming through usmca. reciprocal tariffs will still go into effect on april 2nd. but at the request of the companies associated with usmca, the president is giving them an exemption for one month. so they are not at an economic disadvantage. so the three companies that he spoke to are stellantis, ford and general motors. they requested the call. they made the ask, and the president is happy to do it. it's a one month exemption. >> and the president., just. >> so, david, that is probably a relief, albeit temporary. >> yeah. well, it's certainly a relief. but long term the situation doesn't change. so, um, you know, immediately it takes situations like the one i explained yesterday, um, where i have a sold order, a customer that wrote a sold order. we negotiated the deal and it was an $80,000 ram truck. um, that truck, ostensibly, if i understand the tariffs correctly, would become a $100,000 truck. um, so i was going to be shipped that unit. i'm sure the the customer was not going to accept that price incre

. >> on any autos coming through usmca. reciprocal tariffs will still go into effect on april 2nd. at the request of the companies associated with usmca, the president is giving them an exemption for one month. so they are not at an economic disadvantage. so the three companies that he spoke to are stellantis, ford and general motors. they requested the call. they made the ask, and the president is happy to do it. it's a one month exemption. >> so the one month exemption there for these three automakers and asked why only a month? the press secretary went on to say that in one month from now on april 2nd, the president still plans to impose reciprocal tariffs on eu countries and others. so then all companies will be on a level playing field. but again, it raises the question is this going to again create a chaos in the markets? asked about that, they said the president did not make his decision based on the stock market alone, of course, but you can see what the markets have done since they've put this pause on. they've responded going upward just like they went down on monday when

these are big auto companies and auto parts companies that after usmca, the president's own trade deal to make sure they were complying with how president trump wanted north american trade. and now he's starting all over again. so that is why there's so much frustration in the auto industry and a big worry it could raise prices. we also heard from progressive, the auto insurance company, saying, look, if companies if cars are going to be more expensive, auto insurance is going to be more expensive. and the president, you know, ran saying, i'm going to lower gas prices, grocery prices, insurance prices, all these things that are a problem for the american consumer. but his own trade policies, according to insurance companies, is going to raise insurance. >> christine, can. >> you explain a little to me? because i still have these, like, i'm not really understanding this. okay. when the united states president says tariff on mexico 25%, what does that exactly mean? who pays for that tariff? >> let's talk about avocados. okay. you got a truck full of avocados, and they're right there at t

. >> the request of the companies associated with usmca, the president is giving them an exemption for one month so they are not at an economic disadvantage. >> reporter: markets recovering some of the losses on hopes more concessions would follow. manner. he gave no further indication of changes to come on the tariffs. 20% on china and 25% on both canada and mexico. one of the first places americans will feel it, the grocery store. this avocados will last a week? >> this is probably going to last a couple days. >> reporter: grocery chain stew leonards sells avocados two for $5. it has a week's supply left. after that, it will only sell avocados individually at $2.99 apiece, a 20% increase. the grocer will absorb ten cents per avocado. this is from mexico. prices are about to go up. >> yes, they are. that's why i'm buying now. >> reporter: because prices are going up. shoppers facing the new economic reality as president trump says the trade war is just beginning. with a potential for new tariffs on virtually every u.s. trading partner starting april 2nd. >> whatever they tariff us, ot

at the request of the companies associated with usmca the president is giving them an exemption for one month so they are not at an economic disadvantage. he spoke to stellantis, ford and general motors. they requested the call and the president is happy to give a one-month exemption. >> the president just posted he spoke with prime minister trudeau and he is not satisfied with what he said when it comes to fentanyl. but less than 1% of fentanyl came from the northern border. what else does canada need to do? ms. leavitt: the president did just put out a statement on his call with justin trudeau of canada. he said he was not pleased. he said it is not good enough. he told prime minister justin trudeau that directly. the call ended in a somewhat friendly manner, but he is not going to stop spending up for the american people. to answer your question directly when it comes to fentanyl, for the last four years unfortunately our neighbors to the north and the south, canada and mexico, have allowed america to be a dumping ground not just for illegal aliens but for illegal, poisonous, deadly

. >> and the usmca is essentially dead then. >> well, i mean, look, when it comes to the negotiatione to remember usmca was largely something that the first administration put up. so is that something that could be on the table? again, we don't know. but you hear the context of justin trudeau speaking yesterday. that did not sound like the type of conversation or words that would be used in an amicable trade negotiation. >> so any other words of sheinbaum in mexico? exactly. brian, it's great seeing you. thank you very much. we also have reaction to the president's speech from fired federal workers who watched the address alongside nbc's jacob soboroff. here's some of their conversation. >> does anybody feel like they understand better why they were fired after watching the speech tonight? nobody. yeah. okay. let me start with you here. you i said before you were a presidential management fellow. this is a very elite program within the federal government to bring in the best and the brightest. the entire program has been terminated after 48 years under democratic and republican presi

he was the one who negotiated basically nafta 2.0 usmca.e world are you doing? well, maybe we're working out a deal. there's not a deal yet. and for the president to even say, well, tariffs are going to be short term pain, but it'll be fine. we already know the ceo of ford has said tariffs would blow a hole in the auto industry. for donald trump to say farmers have some fun out there. have some fun. yes. if we had restrictive tariffs, you know, farmers wouldn't have international competition. but remember, we produce more food in this country than we could ever consume. they need to export to lots of other countries. and when you think about all the food from this country, that goes out to usaid, also huge. so it's disingenuous for them to talk about tariffs like in the short term, they're a good thing for us. all they are is a sales tax on us. that's why it's a very tricky thing for him to talk about. and the idea of doge and a lot of this is positive, but when you actually drill down, they are not yet creating a dent. if they were, it wou

you know, it was only five years ago where donald trump renegotiated the nafta agreement, called it usmca, said it was a greatest, most balanced, most powerful trading alliance in the world. this was going to help the u.s. stand up to europe, the european union, stand up to china's economic might. this three-country alliance would help do that. now he is sh redding it shreadingit. consumer electric pistonnics. food production flows back and forth. we'll see if this is some sort of gambit he thinks he can bring the three to the negotiating table in a couple of days, if this lasts for weeks or months, we're looking at auto companies shutting down trying to figure out how are they going to make a profit now that 25% tariffs are going on the cars and the parts that move across these borders. tom: yeah, yale university putting south research suggest it could cost u.s. households an additional $2,000 per year. canada and mexico retaliating. >> they don't have as much of our products to put tariffs on as we do of theirs. so that will certainly hurt. particularly in the border states. but we have

that president trump president trump is reversing one of his eye think most museum piece policies of usmca's is incredibly surprising. we are for tariffs on a one-off basis, whether it is tigers or steel. he has even written about it. inflation is up your consumer sentiment is down. the atlanta fed is calling for a negative quarter of growth. jobs are down. you know, for the person that has -- >> sandra: i think this is really important -- go. >> let me finish. >> sandra: it's really important to ask, do you attribute those economic numbers to the current administration or the last? simple question. >> yeah, i think it has a lot to do with -- these are all forward-looking. the fed changes their growth projections literally daily. negative 2.8% for the corridor is because of tariffs. >> sandra: let me get steve back in here. >> 25% across-the-board is not smart. ford ceo does not like it. target ceo, best buy ceo. walmart ceo. warren buffett. the markets. we can go down the list. it is not smart. >> sandra: if that's what we heard from the canadian prime minister as well. i asked that questio

lives have been lost to drugs and poured over the border in our country and skirting around in the usmcait is a failed narco state whatever trump wants to do to mexico i don't think it is enough in canada i don't quite understand what were getting up. until the tariffs are done we don't know what the impact will be or how long they will last or what the rate is but the 25% were at now will only get better for those that are worried about the potential economic impacts. maria: we will leave it there and just get started. we have a lot coming up pretty quick break president trump's tariffs on canada, mexico and china pushing investors to find safety in other sectors. we are checking that out with chief investment officer mark malik with more when we come back. you are watching "mornings with maria". live on fox business. ♪ my parents worked hard for everything we had. ♪ they taught me the value of a dollar, and how to use it wisely. ♪ those lessons are forever, and today i share them with all our employees. it's why i team up with vanguard for our company's 401k plan, because everyone dese

jockeying for position with canada and mexico, it's just to get better terms before we renegotiate the usmcarrible bill that trump negotiated. >> jesse: that all democrats voted for. >> judge jeanine: let me ask you this then, what jesse is saying make sense. >> jessica: no, it doesn't. >> judge jeanine: let me give an example. germany taxes, there's a 10% tariff to our cars. we had a 2.5% tariff to their bmws, their mercedes and everything else. don't you think tariffs should be reciprocal? >> jessica: i don't think they should necessarily be identical. >> judge jeanine: why not? >> jessica: i think that keeping the chinese tariffs was a good idea, biden even did that. but you guys know, and you are ignoring what's going on, these tariffs are bad for americans. the majority know it will raise costs. that's the reason they had to walk them back. don't talk to me about india and indians being on harley-davidson's, talk to me about automakers. just one second here. 82% of americans want trump to be focused on the economy. only 36% said that he's actually doing that. they know the tariffs are a

usmca auto makers warn tears on aluminum and steel would have sent car prices surging. the white house says more tears will be announced come april 2nd. >> for now in washington, raquel martin back to you. >> in developing news, the department of veterans affairs is planning an aggressive reorganization that includes cutting 80,000 jobs. this is according to an internal memo, the va chief of staff told top level officials at the agency that it had an objective to cut enough employees to return to 2019 staffing levels of less than 400,000 veterans have already been speaking out against the cuts to the va which so far have included a few 1000 employees and hundreds of contracts. more than 25% of the va is workforce is made up of veterans. and still ahead here to tariffs. >> already making it harder and consumers and american farmers winning dive deeper into the impacts here. plus, the signs are now out for the new bay fc training facility on treasure island will see what that looks like. and after the break, pride is joining us here. well, now this year's theme. we're goi

but we signed an agreement under the first trump administration to update nafta to usmca. it was a trade agreement, and these tariffs are a direct opposition to that agreement, which we all signed and shook hands. and donald trump said this was the greatest trade deal ever. and so all of these other narratives that are coming out don't fit. it just doesn't fit. the fentanyl doesn't fit. the the migration, the the level of trade, the deficit we have. all of these seem like 6 or 8 different excuses to put a tariff on canada, which i believe is a mistake. >> you heard, ambassador, what the white house trade adviser, peter navarro, just told us a little while ago about these tariffs. what do you make of what we heard from him, basically, that canada under justin trudeau is not doing enough to prevent fentanyl and undocumented immigrants from coming into the united states. >> so first, let's just lay this out. fentanyl is awful. it's it's a it's it's a huge problem that we face all over north america for that matter. opioid abuse is killing too many people. but putting a 25% ta

can't remember the exact date the usmca was signed into law by president trump in 20. in february of that year, and that this is his deal. it is his deal. and the us. he says he doesn't like the deal he signed. >> well, we will see what happens after after tomorrow if in fact these tariffs do take effect. really appreciate you taking the time, professor. thank you again. >> no worries. thank you for having me. and i wish everyone well. >> thank you. thank you. >> all right. here we are. the start of a brand new workweek, folks. and it began with a lot of blue sky and some sunshine. a little cooler temperatures than i was hoping for, but we are in for some changes later this week. that's my one complaint, roberta. yeah, yeah, yeah. >> but only one. >> yeah, because it was it was really. it was really nice today. but but as we were talking earlier, roberta, we are in for a few changes later on this week. >> and the forecast is actually panning out perfectly. heather. yes, we started off blue but brisk, and then we've been calling for increasing clouds. and let me share w

. >> think it's called the usmca.and i think this could be one of the only things that both donald trump and nancy pelosi support. it's a really good deal. and the relationship between canada is balanced. it is mutually beneficial. i think you guys are really lucky to have us as your neighbor. >> yeah, i agree. >> you got my vote that i can't. >> give you chrystia freeland the next prime minister of canada. all right. >> thank you very. >> much. welcome back. >> have i got news for you? new tonight on cnn. >> for the acute treatment of migraine, with or without aura in adults. nurtec odt can provide relief in two hours, which can last up to two days. don't take if allergic to nurtec odt. allergic reactions can occur even days after use like trouble breathing and rash. get help if you have trouble breathing. swelling of the face, mouth, tongue, or throat. common side effect is nausea. when migraine takes your time. take nurtec. ask your doctor about nurtec odt. >> so what do you think about these? >> we're going to tak

usmca auto makers warn tears on aluminum and steel would have sent car prices surging.te house says more tears will be announced come april 2nd. >> for now in washington, raquel martin back to you. a little earlier on kron. 4 at 3. we heard from sonoma state political science professor david mcewan. >> on how viewers at home may have reacted to this addresses, what he had to say. >> and yesterday's event that was really made for television for donald trump. but that means it was made for polarization that was made for difference or distinction. that is before representative al green stands up and it's removed. so when you look at the impact of this, it's really to the base. has some importance for republicans in the house. the key thing, i think justine doesn't move independent voters and that's where the tariffs could really hurt independent voters. independent voters were motivated to go to the polls because of inflation. the cost of living. those issues are going to all voter segments really hard here in the next couple of weeks. >> all right. professor mckeown there

tariffs will still go into effect on april 2nd, but at the request of the companies associated with usmca, the president is giving them an exemption for one month. so they are not at an economic disadvantage. >> a month is not much time to make major manufacturing changes or moves. >> he told them that he they should get on it, start investing, start moving shift production here to the united states of america where they will pay no tariffs. the president is open to hearing about additional exemptions. >> other than that, questions got vague answers, especially as to tariffs affecting prices and inflation. >> that requires a little bit of disruption, that requires a lot of effort and work that this president is focused on doing. >> but when asked how much and when reporters got no specifics from the white house. >> again, i don't have a crystal ball. but what i can assure the american people is that this president and this administration is doing everything they can. messaging on x china flatly rejects the 20% tariffs imposed on it for its part in the deadly fentanyl crisis. >> china has

tariffs will still go into effect on april 2nd, but at the request of the companies associated with usmca, the president is giving them an exemption for one month. so they are not at an economic disadvantage. >> a month is not much time to make major manufacturing changes or moves. >> he told them that he they should get on it, start investing, start moving shift production here to the united states of america where they will pay no tariffs. the president is open to hearing about additional exemptions. >> other than that, questions got vague answers, especially as to tariffs affecting prices and inflation. >> that requires a little bit of disruption, that requires a lot of effort and work that this president is focused on doing. >> but when asked how much and when reporters got no specifics from the white house. >> again, i don't have a crystal ball. but what i can assure the american people is that this president and this administration is doing everything they can. messaging on x china flatly rejects the 20% tariffs imposed on it for its part in the deadly fentanyl crisis. >> china has

the usmca trade agreement. and corporations are highly reliant. consumers are highly reliant on trade with mexico and canada. it's one thing to go after china, which is our adversary. it's very odd to go after our closest friends and largest trading partners. >> professor agarwal agrees with experts who say we'll all likely see the impact of the tariffs very soon in the next few days. let's take a peek at the markets. and boy was a rough one yesterday here at the close. and we find ourselves down again on the dow jones stocks, essentially wiping out their post-election gains on the news of the tariffs that have now gone into effect. dow jones down by almost 300 points, losing about two thirds of 1%. we see a similar drop over on the s&p though not as bad down just a handful of points, about one quarter of 1%. the nasdaq is actually doing well. a bright spot. it has gained three quarters of 1%. >> it's been nearly five years since president trump last addressed a joint session of congress. but he returns tonight with a speech that the white house s

usmca auto makers warn tears on aluminum and steel would have sent car prices surging. the white house says more tears will be announced come april 2nd. >> for now in washington, raquel martin back to you. so joining us now to provide a little bit more perspective from trump's address to congress as the chair of the political science department at sonoma state. david mcewan, thanks for being here. >> well, nice to see you. good afternoon. i we we chatted yesterday and we wanted to sort of get your expectations for the president's address. you are kind of concerned of pierre us whether it be more of a maga rally or an address to congress, which direction which tone do you think it took? >> it was definitely a scripted maga rally donald trump's first address like this in 2017, he actually reached across the aisle and try to engage democrats, particularly an issue related to you talked about black history month. the engage the other side have policy positions about america's role in the world that are dramatically different than what we see with today's donald trump and ye

we need to sit down and move forward on the usmca and put this behind us. >> i just got to ask you very briefly how upset, how mad are. canadians aren't aren't usually the types to get angry. but how are canadians this morning? >> they're absolutely livid. they're furious because we look at the united states as our family. we're one big family. we've stood shoulder to shoulder in wars and every other crisis there is. we love the american people, but unfortunately, the president has gone sideways on us, ourselves. and, you know, we power ontario powers 1.5 million homes and businesses in new york, and michigan and minnesota. i've talked to all three governors. i want to ship more electricity. i want to send more critical minerals. but i will not hesitate to use every tool in our toolbox to protect ontarians and canadians across the board. i've never seen patriotism run so wild across our country, right down to the grocery aisles. people refuse to buy american products. this this is not right. we love america. we love the people. and the president needs to be stopped. simple as that. >> u

usmca, a new name to all of these deals that he got done or even minority opportunity zone study also got done. but we don't like the leader. well, that's you know, in my mind like saying, okay, we want space tax, but we don't like elon, we like apple and everything that they did. but we don't like steve jobs. well, oftentimes, disruptors aren't the nicest of guys and and i think you you get someone who is willing and as a businessman has the capability to disrupt the same old same old in washington, dc, that a lot of americans feel like is not serving them. representative mike waltz and by the way, can i just speak one more thing to general mattis? i deeply respect his service, but i will tell you, i will never vote for a general as a former general, as secretary of defense before him. and now lloyd austin, we hadn't done it in many decades, going back to world war two and george c marshall. and, you know, i just don't think we need another general overseas thing. other generals and it's not necessarily criticism of them, it's just the skill sets that bring. we need someone from civi